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Ann: Extension of Voluntary Suspension, page-13

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Nighthawk10000

1,630 Posts.

161

03/10/19

10:09

Post #: 40701326
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Originally posted by haggis: ↑

Nighthawk, I randomly clicked on one of you links,(Buchler Philips), and under the heading Financial restructuring it clearly states,
"Most businesses go through a phase of financial restructuring at some point, though not always necessarily to address any shortfalls".

It also states,"However, when a company is in crisis it may attempt to renegotiate with its secured and unsecured creditors to reduce or eliminate some of its debts. In some instances the creditors will often work to adjust the terms of the repayment, including lower interest rates and/or extending the repayment schedule. Debts may also be commuted in part, often in exchange for the creditor gaining some equity in return."
So by your own example it may not be a total crisis, but as per usual you choose the worst case scenario and build your case around that.
In truth you have as much idea as the rest of the shareholder as to what is happening behind the scenes

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In truth if you think any of what you just quoted is in some way positive you are truly delusional.

SYT Price at posting: 0.2¢ Sentiment: None Disclosure: Held
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